David Cameron looks to City for new business advisory group with bosses from BP, EasyJet and Santander July 27, 2015 Prime Minister David Cameron has appointed a new slate of 19 City leaders to his business advisory group, including more than a dozen chief executives of UK blue chips. The chief executives of BP, Legal & General, EasyJet, Land Securities, the London Stock Exchange Group, Persimmon, Asda, ARM, Severn Trent and Rolls Royce all [...]
Lord Sewel joins ‘wannabe wolves’ Tom Osborne and Paul Flowers amid cocaine allegations July 27, 2015 Is it just us, or are powerful people getting complacent when it comes to excess? This weekend video footage emerged of cross-bench peer Lord Sewel appearing to drink champagne, snort some powder and make merry with two ladies of questionable repute. Sewel’s sad soiree comes almost exactly one month after a young [...]
Donald Trump’s fairy tale economics is bad for his party and terrible for America July 27, 2015 The Republican Party must be tearing its hair out. For years, visitors from the US have extolled the strength of the party’s potential Presidential candidates for 2016. The pack is certainly more impressive than in 2012 and, with the exception of one or two candidates, they are ostensibly advocates of relatively free market policies. In [...]
With his Asia trade mission in full swing, should David Cameron be playing the salesman for the UK? July 27, 2015 Allie Renison, head of Europe and trade policy at the Institute of Directors, says Yes. Ultimately, it is businesses themselves that will increase the volume of the UK’s international trade, but politicians also have a role to play in bringing British firms and foreign governments together to discuss facilitating the flow of goods and services. [...]
George Osborne becomes favourite for Conservative leadership, knocking Boris Johnson into second place July 27, 2015 George Osborne is now the most likely Conservative to replace David Cameron as leader of the party, according to William Hill. Read more: July Budget 2015: Chancellor George Osborne plans to crack down on non-doms The chancellor's odds were increased today following a month of rising popularity since his Budget speech, and he now [...]
David Cameron says deals worth more than £750m will be made on south east Asia trip July 27, 2015 As the he embarks on his four-day trip to south-east Asia, David Cameron has said business deals worth in excess of £750m will be made. The trade mission, for which Cameron is accompanied by 31 business leaders, aims to forge links to the area to exploit emerging markets which could open up new channels for [...]
Jeremy Corbyn’s rise is no shock to famous author Stiglitz July 26, 2015 Outspoken economist Joseph Stiglitz said yesterday that the rise of extreme socialist candidates such as Jeremy Corbyn is a predictable consequence of austerity measures imposed across Europe since the financial crisis.
David Cameron to take UK fintech leaders on Asian tour July 26, 2015 David Cameron will go on a trade mission to Asia next month as part of the government’s plan to develop the UK financial technology sector. The delegation is made up largely of senior staff from the financial tech sector, reflecting the government’s aim to position the UK as a fintech leader. Thirty businesses will be [...]
Economist Joseph Stiglitz not shocked by Labour lurch: The rise of Jeremy Corbyn gets a big supporter July 26, 2015 A cosy, dimly-lit Mayfair cocktail bar with a stage for live music is not the first place you would expect to find a Nobel prize winning economist on a Sunday morning. Firebrand American polemicist Joseph Stiglitz was in town during an eyebrow-raising period for the British left. But while many in Westminster are shocked by [...]
David Cameron’s south east Asia tour: The UK needs a step change in its ASEAN trade July 26, 2015 As David Cameron tours south east Asia this week, he can take heart from the recent experience of an iconic British brand which resonates all over the world. Liverpool football club spent last week in Malaysia, with manager Brendan Rodgers commenting that “it’s been incredible to see the support we’ve received.” This was reflected in [...]